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    STACS Rebrands as ESGpedia, Signals Expansion Amidst Rising ESG Demands

    Fintech News SingaporeSeptember 17, 2024

    Hashstacs, previously known as STACS, has rebranded to ESGpedia, adopting the name of its flagship Environmental, Social, and Governance (ESG)…

    PaymentsSecurity

    Mastercard Plans to Acquire Threat Intelligence Firm Recorded Future for US$2.65B

    Fintech News SingaporeSeptember 16, 2024

    Payments giant Mastercard has announced plans to acquire global threat intelligence company Recorded Future for US$2.65 billion. Mastercard aims to…

    FundingLending

    Helicap Secures US$50 Million Credit Facility from Xendit’s Lending Arm

    Fintech News SingaporeSeptember 16, 2024

    Helicap, a Singapore-based fintech platform, has closed its largest credit facility to date, securing US$ 50 million in collaboration with…

    Payments

    Asia Pacific Fuels Wise’s Growth, Becomes Second-Biggest Revenue Generator

    Fintech News SingaporeSeptember 16, 2024

    Wise’s Asia Pacific (APAC) operations have become the company’s second-largest revenue contributor, with a 33.7% year-over-year increase in FY24. The…

    AIDigital Transformation

    Harvard Business School Spotlights DBS Bank’s AI Journey in New Case Study

    Fintech News SingaporeSeptember 16, 2024

    Harvard Business School (HBS) has released a case study on DBS Bank’s use of Artificial Intelligence (AI). This study, conducted…

    Digital Banking

    GXS Bank Introduces Boost Pocket for Higher Savings Interest

    Fintech News SingaporeSeptember 16, 2024

    GXS Bank, a digital bank backed by Grab Holdings and Singtel, has launched Boost Pocket. This is a new addition…

    CryptoDigital AssetsPayments

    Crypto Payments in Singapore Near US$1 Billion, Fueled by Stablecoin Adoption

    Fintech News SingaporeSeptember 12, 2024

    Singapore’s cryptocurrency market has seen a notable increase in crypto payments, with merchant services receiving nearly US$1 billion in crypto…

    Digital AssetsPayments

    Swift Works on Enabling Real-Time Exchange of Digital Assets and Payments

    Fintech News SingaporeSeptember 12, 2024

    Swift, the global financial messaging network, is actively working to incorporate regulated digital assets and currencies onto its platform. Building…

    Payments

    Key Trends Shaping Cross-Border Payments in APAC

    Fintech News SingaporeSeptember 11, 2024

    A new report by Deloitte delves into the latest developments in the cross-border payment sector in Asia-Pacific (APAC), identifying four…

    AIFundingWealthtech

    Arta Finance’s AI-Powered Wealth Platform Secures Funding from EDBI

    Fintech News SingaporeSeptember 11, 2024

    Arta Finance, a fintech firm serving as an investment advisor, announced it has secured funding from EDBI, the investment arm…

    IndiaInsurTech

    DBS in Early Talks for Insurance Collaborations in India, Taiwan

    Fintech News SingaporeSeptember 11, 2024

    DBS Group Holdings is in early discussions to expand its insurance offerings in India and Taiwan through new bancassurance partnerships,…

    Funding

    Genesis’ Second Venture Debt Fund Hits US$125 Million

    Fintech News SingaporeSeptember 11, 2024

    Genesis Alternative Ventures has raised US$125 million for its second venture debt fund, aimed at supporting Southeast Asian startups. The…

    CryptoRegtechSecurity

    Sam Altman’s Crypto Project Worldcoin Faces Scrutiny in Singapore

    Fintech News SingaporeSeptember 10, 2024

    Singapore is scrutinising activities related to Worldcoin, a Sam Altman’s cryptocurrency project that utilises iris scans for user identification. The…

    Payments

    Nium Appoints Finance and Compliance Chiefs to Executive Team

    Fintech News SingaporeSeptember 10, 2024

    Nium, a global player in real-time cross-border payments, has bolstered its executive leadership with the appointment of Andre Mancl as…

    InsurTech

    Income Now Offers Hourly Travel Insurance for 19 Asian Destinations

    Fintech News SingaporeSeptember 10, 2024

    Income Insurance has launched FlexiTravel Plus, touted as Singapore’s first travel insurance offering hourly coverage for travelers to 19 destinations…

    FundingIndonesiaLending

    Finture Secures US$30M in Series B Funding to Expand YUP Credit Platform

    Fintech News IndonesiaSeptember 10, 2024

    Fintech startup Finture, which operates the credit payment platform YUP, has secured US$30 million in its Series B funding round.…

    RegtechSecurity

    How Digital Identity is Powering Southeast Asia’s Financial Revolution

    Fintech News SingaporeSeptember 10, 2024

    Digital identity represents a major shift in how we interact with the digital world, paving the way for enhanced user…

    Various

    HSBC Reportedly Considering Merger of Commercial, Investment Banking Units

    Fintech News SingaporeSeptember 10, 2024

    HSBC Holdings is reportedly considering a major overhaul of its operations, exploring the merger of its commercial and investment banking…

    Digital AssetsFundingWealthtech

    SDAX Secures US$50 Million in Series B2 Funding

    Fintech News SingaporeSeptember 10, 2024

    Singapore’s digital asset exchange (SDAX) has secured US$50 million in its Series B2 funding round, led by Oman-based Muscat Precious…

    CryptoIndonesia

    Indonesian Regulator Grants Binance-Backed Tokocrypto Trading License

    Fintech News IndonesiaSeptember 10, 2024

    Tokocrypto, a subsidiary of Binance, has obtained a Physical Crypto Asset Trader (PFAK) license from Indonesia’s Commodity Futures Trading Regulatory…

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